Senior Underwriter, Specialty Lines

AIG; Toronto; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading insurance company in Toronto is searching for a Senior Underwriter to manage Inland Marine products. This role involves underwriting, client relationship building, and adherence to compliance standards. Ideal candidates should have at least 3 years of experience in commercial insurance with strong analytical and communication skills. The company emphasizes in-person collaboration within a supportive culture.

Benefits

Recognized as a top employer

Commitment to diversity and inclusion

Support for professional development

Qualifications

• Minimum 3 years of relevant professional experience, preferably in Commercial Insurance.
• Understanding of Inland Marine Insurance and related risks.
• Ability to work in a dynamic environment and manage multiple tasks.

Responsibilities

• Evaluate and select submissions for underwriting.
• Deliver strategic account reviews and prepare documentation.
• Assist management with profit center strategic initiatives.
• Build and maintain broker relationships.

Skills

Detail-oriented

Analytical skills

Strong communication skills

Negotiating skills

Education

Bachelor's degree from a four-year college or university

Job description

Senior Underwriter – Inland Marine

At AIG, we are reimagining the way we help customers to manage risk. Join us to play your part in that transformation. It’s an opportunity to grow your skills and experience as a valued member of the team.

Make your mark in Underwriting

AIG underwriting teams help to find insurance solutions in areas including Financial Lines, Property, Casualty, Specialty Lines, Cyber and Multinational Clients. We are reimagining how we help customers to manage risk, transforming our operating model, and reshaping our role responsibilities and career pathways. The goal is to unlock the full potential in each colleague – empowering our people to grow as insurance professionals and add more value to our customers and AIG.

Position Summary:

The Senior Underwriter will contribute to the growth of the business by underwriting Inland Marine products under general direction, issuing quotes and policies while ensuring standards and compliance guidelines are met. Responsible for underwriting large accounts and building relationships with clients and brokers.

How you will create an impact

• Evaluating, prioritizing and selecting submissions to be underwritten
• Delivering strategic account reviews and preparing associated file documentation
• Adhering to underwriting guidelines and discipline
• Assisting management with the implementation of profit center strategic initiatives and providing technical underwriting and marketing support on other projects
• Assisting regional manager and product leaders in developing existing and establishing new broker relationships
• Collaborating with Distribution, Territory Managers, and other line(s) of business to target business development opportunities
• Working with management, brokers, clients, and other partners on deal structure, contract terms and conditions on a portfolio of more complex risks
• Representing AIG at client and broker functions
• Contributing to the development of less experienced staff
• Participating in special underwriting projects as needed
• Providing superior customer service to brokers and clients (internal & external)

What you’ll need to succeed

• Understanding of Inland Marine Insurance and associated risks including fundamentals of loss trends, loss triangles, and ratemaking etc. with a focus on Transportation and Logistic risks.
• Must be detail-oriented, possess analytical, critical thinking and problem solving skills, and be able to make decisions based on level of authority
• Effective in dynamic environment, adaptable, comfortable with ambiguity, working at pace and prioritizing multiple tasks
• Strong communication skills (written and verbal), collaboration, building trust with wide range of colleagues and clients
• Financial acumen, appetite for learning about the industry, negotiating skills and a focus on writing profitable business
• Minimum 3 years of relevant professional experience; Commercial Insurance Company, Agency or Brokerage experience preferred; Inland Marine experience preferred
• Bachelor’s degree from a four-year college or university preferred

Ready to prove your potential? We would love to hear from you.

AIG Canada is proud to be named one of Greater Toronto's Top Employers for the seventh year in a row. This award demonstrates AIG’s commitment to outstanding human resources initiatives and fostering a forward-thinking workplace.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to [e-mail].

Functional Area: UW – Underwriting AIG Insurance Company of Canada